Pillar Capital Partners for Louisiana investors
Pillar Capital Partners runs both private money and DSCR rental products with a Midwest focus.
Louisiana context
Louisiana low property tax. New Orleans STR heavily regulated. Hurricane and flood insurance major cost.
How Pillar Capital Partners positions in Louisiana
For Louisiana specifically, Pillar Capital Partners fits investors who match the private money approach. The high cash flow profile of Louisiana aggregate makes it a target market for Pillar Capital Partners.
City-level coverage in Louisiana
Pillar Capital Partners provides DSCR coverage across Louisiana metros including New Orleans, Baton Rouge, and Shreveport. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Pillar Capital Partners program terms apply uniformly across Louisiana metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, rental, bridge, private notes |
| Loan size | $75K - $2.5M |
| Rates | 10%-12.5% |
| Points | 1.5 - 3 |
| Max LTV | 70% of ARV |
| Term lengths | 6-18 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
| Louisiana property tax | 0.6% |
| Louisiana state income tax | 4.25% |
Pillar Capital Partners strengths in Louisiana
- Midwest focus
- experienced underwriting
- broad product suite
Ideal borrower: Mid-to-experienced investor in Chicago or Milwaukee
FAQ
Likely; verify direct Louisiana coverage. Pillar Capital Partners is based in Chicago, IL and operates in Chicago and Milwaukee metros.
New Orleans is the top investor market in Louisiana and is generally within Pillar Capital Partners Chicago and Milwaukee metros footprint. New Orleans property tax follows the Louisiana state rate of 0.6 percent. Pillar Capital Partners typically underwrites New Orleans acquisitions at standard rate sheets.
Yes. Baton Rouge ranks among the larger Louisiana investor metros and sees consistent DSCR loan volume from Pillar Capital Partners. Submarket variation within Baton Rouge matters for property selection.
Pillar Capital Partners applies the same rate sheet across Louisiana metros. Pricing variation comes from property-specific factors rather than metro location within the same state. New Orleans, Baton Rouge, and Shreveport all qualify for the same Pillar Capital Partners program.
Pillar Capital Partners indicative DSCR rate range is 10 to 12.5 percent with 1.5 to 3 points.
Louisiana low property tax. New Orleans STR heavily regulated. Hurricane and flood insurance major cost. Pillar Capital Partners follows standard business-purpose loan structures.
Pillar Capital Partners funds fix-and-flip, rental, bridge, private notes in Louisiana.
Louisiana allows standard DSCR prepay structures; Pillar Capital Partners typically uses 3-5 year step down.
Pillar Capital Partners typical close: 7-14 days typical.
Bottom line
Louisiana investors considering Pillar Capital Partners should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Pillar Capital Partners.